NOT LISTED FOR SALE

Estimated Value: $1,652,000 - $2,082,000

7 Beds
4 Baths
3,772 Sq Ft
$480/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $1,900,000 $504 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $12,140/month

10 Days on Market

Highlights

  • Coin Laundry
  • Washer and Dryer
  • 1-Story Property
  • Capuchino High School Rated A-
  • Carpet

About This Home

As of June 2022

Wonderful investment opportunity in the heart of San Bruno! This 4-plex is fabulously located close to transportation, shops and schools, great location for tenants! The property has two 2 bedroom units and two 1 bedroom units. Also included is a 3 car garage and a community laundry area. Extra parking in back! Each unit has its own meter. The property is walking distance to downtown San Bruno Ave shops and restaurants and steps to the new Cal Train station! Dont miss this opportunity to own a wonderfully maintained, centrally located, tenant occupied 4-plex!

Last Agent to Sell the Property

LAURA BRYANT

KW Advisors License #01818707 Listed on: 04/14/2022

KW Advisors

Last Buyer's Agent

Wilson Leung

Own Real Estate License #01904259

Own Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,357

Year Built

  • 1963

Lot Details

  • 3,999 Sq Ft Lot

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Raised Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 3,772 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Electric Oven
  • Washer and Dryer

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $96,900
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $360
  • Insurance Expense $2,450
  • Maintenance Expense $3,000
  • Utility Expense $3,000
  • Trash Expense $6,000
  • Operating Expense $25,939
  • Gross Income $97,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,357

Year Built

1963

Lot Details

0

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Multiple Dwellings / Structures
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3772
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Oven - Electric, Refrigerator
  • Living Sq Ft: 3772
  • Stories: 1
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet

Exterior Features

  • Foundation: Combination, Concrete Slab, Raised, Wood Frame
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Common Parking Area, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 20.53
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2450
  • Expense Landscape: 360
  • Expense Maintenance: 3000
  • Expenses Total: 25939
  • Expenses Utility: 3000
  • Expense Trash: 6000
  • Income Annual Gross: 97400.00
  • Income Annual Rental: 96900
  • Income Gross Scheduled: 97400
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 500
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Miscellaneous/Other, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 10, 2022
Sold by
Park Elyse S and Park Ryan S
Bought by
Zhou William
Seller's Agent
LAURA BRYANT
KW Advisors
Buyer's Agent
Wilson Leung
Own Real Estate
List Price
$2,000,000
Sold Price
$1,900,000
Premium/Discount to List
-$100,000
-5%
Current Estimated Value
$1,809,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,406
Avg. Annual Appreciation
-1.49%
Original Mortgage
$1,425,000
Outstanding Balance
$1,359,731
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$449,863

Purchase Details

Listed on
Jul 31, 2013
Closed on
Aug 21, 2013
Sold by
Peri Irma N
Bought by
Park Elyse and Choi Ryan S
Seller's Agent
Lisa Karson
Coldwell Banker Realty
Buyer's Agent
LAURA BRYANT
Coldwell Banker Realty
List Price
$878,000
Sold Price
$878,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$614,600
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 1999
Sold by
Irma Peri
Bought by
Peri Irma N
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhou William $1,900,000 Fidelity National Title
Park Elyse $878,000 Fidelity National Title Co
Peri Irma N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou William $1,425,000
Previous Owner Park Elyse $614,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $1,900,000 -5.0% $504 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $2,000,000 +127.8% $530 / Sq Ft
09/13/2013 09/13/13 Sold $878,000 0.0% $233 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $878,000 -- $233 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,357 $2,016,294 $848,966 $1,167,328
2023 $27,357 $1,938,000 $816,000 $1,122,000
2022 $11,274 $1,014,220 $507,110 $507,110
2021 $11,130 $994,334 $497,167 $497,167
2020 $11,025 $984,140 $492,070 $492,070
2019 $10,845 $964,844 $482,422 $482,422
2018 $10,306 $945,926 $472,963 $472,963
2017 $10,197 $927,380 $463,690 $463,690
2016 $9,994 $909,198 $454,599 $454,599
2015 $9,862 $895,542 $447,771 $447,771
2014 $9,718 $878,000 $439,000 $439,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81887033

MLSListings

APN: 020-121-290